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US case against Gautam Adani appears strong but extradition unlikely, experts say

NEW YORK, Dec 16 (Reuters) – The U.S. fraud case against Indian billionaire Gautam Adani appears to be backed by documents that will help prosecutors make a strong case, legal experts said, but the tycoon is unlikely to be extradited to stand trial anytime soon. Federal prosecutors in Brooklyn last month unsealed an indictment accusing Adani of bribing Indian officials to convince them to buy electricity produced by Adani Green Energy, a subsidiary of his Adani Group conglomerate, and then misleading U.S. investors by providing reassuring information about the company’s anti-corruption practices. Adani, his nephew Sagar Adani, and another Adani

Airlines are price takers, don’t have influence on prices they pay: IATA

Geneva, Dec 15 (PTI) Airlines are price takers as they do not have an influence on the prices they pay, IATA Chief Economist Marie Owens Thomsen has said and highlighted that carriers’ need to diversify their revenues is complicated by slim profit margins as well as weak balance sheets. In a fast-growing aviation market like India where the air traffic demand is on the rise, there are persistent concerns about airfare trajectory and suggestions from various quarters to make air tickets more affordable. Discussing overall airfares and the costs of airlines, Thomsen said airlines do not have any influence on

Drinking wine between 4pm and 7pm could help body burn more fat

A group of experts have revealed that enjoying a glass of wine between 4pm and 7pm could surprisingly aid in burning fat more effectively. For those partial to a tipple of red or white, the new findings suggest that timing your indulgence with your body’s natural rhythms could offer health benefits beyond just relaxation. According to Ski Vertigo, when it comes to guilt-free enjoyment of your favourite drink, timing is everything. As we approach the festive season and indulgence is in full swing, this revelation could be a game-changer for those wanting to maintain their figure while still savouring life’s

Maharashtra ministry expanded as 39 ministers take oath in Nagpur

Nagpur, Dec 15 (PTI) The 10-day-old BJP-led Mahayuti alliance ministry in Maharashtra was expanded at Nagpur on Sunday, with 39 ministers being sworn in, taking its strength to 42. In the expansion, BJP got 19 ministerial berths, followed by 11 to Eknath Shinde-led Shiv Sena and 9 for Ajit Pawar’s Nationalist Congress Party. While 33 legislators were sworn in as cabinet ministers, six took oath as ministers of state. Governor P C Radhakrishnan administered the oath to the new ministers at the ceremony held on the eve of the state legislature’s winter session being held in Nagpur from December 16

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